Items Tagged with 'shadow inventory'


  • Property preservation firms fight for competitive edge

    Focus shifting from REO to shadow inventory opportunities
    Activity at field services companies is falling across the nation and companies functioning in the space are searching for new ways to stay competitive. A major merger involving a Texas asset management firm illustrates the scope of this shift.
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  • Florida frenzy

    Investor appetite fuels Florida housing recovery

    Will the rally lead to a healthy transition?
    Roughly 50% of single-family unit transactions are cash in Florida, evidence that there’s a significant role for investors in the recovery, specifically hedge funds and private equity firms. But how do you transition to a normalized market once the investors suck housing dry?
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  • Shadow inventory decline begins to accelerate

    Linked to drop in 90 days+ past due loans
    With its largest quarter-over-quarter drop since the credit crisis began, shadow inventory fell from 3.28 million loans in the first quarter of 2013 to 2.99 million in the second quarter, a 35% drop on an annualized basis.
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  • RealtyTrac Update

    Housing recovery remains a local phenomenon

    Underwater borrowers, distressed sales still linger
    While the housing market is in recovery mode, various symptoms of distress remain, particularly underwater borrowers. Nonetheless, market experts are confident housing is on the upswing.
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  • Home Prices Tick Up as Shadow Inventory Declines

    Two new reports on the housing market show that sales of existing homes experienced a fourth consecutive month of growth, due mainly to seasonal strength, as the shadow inventory of distressed properties declined by 15.7%.   U.S. home prices increased by 0.9% in July in both the 10 and 20-city composites of the S&P/Case-Shiller Home Price Indices with data through July 2011.  Of the 20 MSA's tracked in the survey, 17 experienced positive month-over-month increases in July, with only Last Vegas and Phoenix seeing declines, as Denver remained static.     On an annual basis, both the 10- and
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  • NAR Estimates Size of Shadow Inventory

    The National Association of Realtors (NAR) has compiled state by stated foreclosure and delinquency data in an effort to estimate the impact of the shadow inventory on the housing market.  In referring to "shadow inventory," the research strives to approximate the number of homes that are either already in a foreclosure process, or in serious delinquency, but have not yet reached the resale market as foreclosure or bank owned sales. Although the number of loans in serious delinquencies (90+ days late) decreased by 38 percent nationally in the last quarter of 2010, there is a significant number of properties
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